Liquidity & Uncertainty Disclosures for Nonprofits
Overview
The current environment could be having an enormous impact on accounting and financial reporting for all entities, including nonprofits. This course will provide insights into the most critical disclosures related to liquidity, accounting uncertainty, and going concern for nonprofits.
Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Basic
Highlights
- Required disclosure related to liquidity and other significant uncertainties for fair presentation of financial statements
- Evaluating the need for going concern and other uncertainty disclosures in the current environment
Prerequisites
None
Designed For
Anyone responsible for preparing or attesting upon nonprofit financial statements
Objectives
- Describe the importance of liquidity and other uncertainty disclosures in the fair presentation of financial statements
- Explain proper evaluation of the need for transparent disclosures about uncertainty, including liquidity and going concern uncertainty
Preparation
None
Leader(s):
Leader Bios
Jennifer Louis, Emergent Solutions Group, LLC
Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of
technical and "soft skills" topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group,
LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training.
She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as
Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting
firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional
career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor.
Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her
husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two
young adult boys.
Non-Member Price $109.00
Member Price $79.00